October 22, 2026 - EX-99.2 - 8-K: Current report | Huntington Bancshares Incorporated (HBAN)

Exhibit 99.2

HUNTINGTON BANCSHARES INCORPORATED

Quarterly Financial Supplement

September 30, 2026

Table of Contents


Financial Highlight s			1

Consolidated Balance Sheets			3

Loans and Leases Composition			4

Deposits Composition			5

Quarterly Average Balances and Rates			6

Year-to-Date Average Balances and Rates			7

Selected Income Statement Data			8

Credit Reserves Analysis			9

Net Charge-Off Analysis			10

Nonperforming Assets (NPAs)			11

Capital Under Current Regulatory Standards (Basel III)			12

Non-Regulatory Capital and Other Data			13

Reconciliation of Non-GAAP Financial Measures			14

Basis of Presentation

The preparation of financial statement data in conformity with accounting principles generally accepted in the United States (GAAP) requires management to make estimates and assumptions that affect amounts reported. Actual results could differ from those estimates.

Non-GAAP Financial Measures

This document contains GAAP financial measures and non-GAAP financial measures where management believes it to be helpful in understanding our results of operations or financial position. Where non-GAAP financial measures are used, the comparable GAAP financial measure, as well as the reconciliation to the comparable GAAP financial measure, can be found herein.

Fully-Taxable Equivalent (FTE) Basis

Interest income, yields, and ratios on a FTE basis are considered non-GAAP financial measures. Management believes net interest income on a FTE basis provides a more accurate picture of the interest margin for comparison purposes. The FTE basis also allows management to assess the comparability of revenue arising from both taxable and tax-exempt sources. The FTE basis assumes a federal statutory tax rate of 21%.

Non-Regulatory Capital Ratios

In addition to capital ratios defined by banking regulators, the Company considers various other measures when evaluating capital utilization and adequacy, including:

•Tangible common equity to tangible assets,

•Tangible common equity to risk-weighted assets using Basel III definition, and

•Adjusted common equity tier 1 (CET1).

These non-regulatory capital ratios are viewed by management as useful additional methods of reflecting the level of capital available to withstand unexpected market conditions. Additionally, presentation of these ratios allows readers to compare the Company’s capitalization to other financial services companies. The tangible common equity ratios differ from capital ratios defined by banking regulators principally in that the numerator excludes preferred securities, the nature and extent of which varies among different financial services companies. The adjusted CET1 ratio differs from the defined CET1 regulatory capital ratio the Company is subject to by including the impact of accumulated other comprehensive income (loss) (AOCI) excluding cash flow hedges in the calculation of the capital ratio. These ratios are not defined in GAAP or federal banking regulations. As a result, these non-regulatory capital ratios disclosed by the Company may be considered non-GAAP financial measures.

Because there are no standardized definitions for these non-regulatory capital ratios, the Company’s calculation methods may differ from those used by other financial services companies. Also, there may be limits in the usefulness of these measures to investors. As a result, the Company encourages readers to consider the consolidated financial statements and other financial information contained in the related press release in their entirety, and not to rely on any single financial measure.

Notable Items

From time to time, revenue, expenses, or taxes are impacted by items judged by management to be outside of ordinary banking activities and/or by items that, while they may be associated with ordinary banking activities, are so unusually large that their outsized impact is believed by management at that time to be infrequent or short term in nature. We refer to such items as “Notable Items.” Management believes it is useful to consider certain financial metrics with and without Notable Items, in order to enable a better understanding of company results, increase comparability of period-to-period results, and to evaluate and forecast those results.

Huntington Bancshares Incorporated

Financial Highlights (Unaudited)


	Three Months Ended															Year-to-Date
(dollar amounts in millions, except per share data, share count in millions)	Sep 30,			Jun 30,			Mar 31,			Dec 31,			Sep 30,			Sep 30,			Sep 30,
	2026			2026			2026			2025			2025			2026			2025
Summary Income Statement:
Net interest income - FTE(1)	$	2,090		$	2,072		$1,910			$1,609			$	1,523		$	6,072		$	4,447
FTE adjustment	(21)			(20)			(19)			(17)			(17)			(60)			(48)
Net interest income	2,069			2,052			1,891			1,592			1,506			6,012			4,399
Provision for credit losses	123			132			158			123			122			413			340
Noninterest income	722			785			682			582			628			2,189			1,593
Noninterest expense	1,772			1,809			1,774			1,420			1,246			5,355			3,595
Income before income taxes	896			896			641			631			766			2,433			2,057
Provision for income taxes	172			165			114			108			133			451			351
Income after income taxes	724			731			527			523			633			1,982			1,706
Income attributable to NCI	3			4			4			4			4			11			14
Net income attributable to Huntington	721			727			523			519			629			1,971			1,692
Dividends on preferred shares	41			41			41			43			27			123			81

Net income applicable to common shares	$	680		$	686		$	482		$	476		$	602		$	1,848		$	1,611

Key Metrics and Ratios:
Net income per common share - diluted	$	0.33		$	0.33		$	0.25		$	0.30		$	0.41		$	0.92		$	1.09
Cash dividends declared per common share	0.155			0.155			0.155			0.155			0.155			0.465			0.465
TBV per common share - period end(2)	9.47			9.65			9.55			9.89			9.54
TCE ratio - period end(3)	6.9		%	7.1		%	7.0		%	7.1		%	6.8		%

Return on average assets	1.01			1.02			0.81			0.93			1.19			0.95		%	1.09		%
Return on average common shareholders’ equity	9.1			9.3			7.2			8.9			12.4			8.6			11.6
ROTCE(4)	14.6			15.1			11.6			12.7			17.8			13.8			16.9
Net interest margin(1)	3.25			3.21			3.24			3.15			3.13			3.23			3.12
Efficiency ratio(5)	61.2			61.5			67.2			64.2			57.4			63.2			58.4
Effective tax rate	19.3			18.4			17.8			17.2			17.4			18.5			17.0
CET1 ratio - period end(6)	10.1			10.0			10.2			10.4			10.6
Adjusted CET1 ratio - period end(7)	8.9			9.0			9.2			9.2			9.2
Average and Ending Balance Information:
Average total assets	$	282,262		$	284,481		$	262,170		$	220,230		$	209,727		$	276,378		$	207,572
Average earning assets	255,274			258,600			238,973			202,511			192,732			251,009			190,724
Average loans and leases	188,449			189,255			174,216			146,607			135,944			184,026			133,344

Average total deposits	223,816			223,403			204,616			173,156			164,812			217,348			163,292
Average Huntington shareholders’ equity	32,656			32,555			29,896			23,896			21,348			31,713			20,636
Average common shareholders' equity	29,776			29,675			27,050			21,165			19,197			28,843			18,592
Average tangible common shareholders' equity	19,546			19,404			18,024			15,150			13,587			18,997			12,970
Total assets - period end	287,833			283,984			285,372			225,106			210,228
Total Huntington shareholders’ equity - period end	32,179			32,624			32,535			24,342			22,248
Average common shares - basic	2,019			2,021			1,869			1,544			1,459			1,971			1,457
Average common shares - diluted	2,047			2,048			1,901			1,570			1,485			1,999			1,483
Common shares outstanding - period end	2,015			2,020			2,027			1,568			1,459
Credit Quality:
NCOs as a % of average loans and leases	0.31		%	0.25		%	0.26		%	0.24		%	0.22		%	0.27		%	0.23		%
NAL ratio - period end	0.89			0.84			0.71			0.62			0.59
NPA ratio - period end(8)	0.90			0.85			0.72			0.63			0.60
Allowance for loan and lease losses (ALLL) as a % of total loans and leases - period end	1.68			1.72			1.72			1.70			1.72
Allowance for credit losses (ACL) as a % of total loans and leases - period end	1.75			1.78			1.78			1.83			1.86

See Notes to Financial Highlights.

Notes to Financial Highlights

(1)Calculated on a fully-taxable equivalent (FTE) basis, which represents a non-GAAP measure, assuming a 21% tax rate.

(2)Tangible book value per common share, a non-GAAP measure, is calculated as tangible common shareholders' equity divided by period end common shares outstanding.

(3)Tangible common shareholders' equity (total common equity less goodwill and other intangible assets) divided by tangible assets (total assets less goodwill and other intangible assets), which represents a non-GAAP measure. Other intangible assets are net of deferred tax liability, calculated at a 21% tax rate. See page 14 for reconciliation.

(4)Net income applicable to common shares excluding expense for amortization of intangibles for the period divided by average tangible common shareholders’ equity. Average tangible common shareholders’ equity equals average total common shareholders’ equity less average intangible assets and goodwill. Expense for amortization of intangibles and average intangible assets are net of deferred tax liability, and calculated on a fully-taxable equivalent (FTE) basis, which represents a non-GAAP measure, assuming a 21% tax rate.

(5)Noninterest expense less amortization of intangibles divided by the sum of FTE net interest income and noninterest income excluding securities gains (losses), which represents a non-GAAP measure.

(6)Common Equity Tier 1 (CET1) risk-based capital ratio. Amount is preliminary at September 30, 2026.

(7)Adjusted CET1 ratio, a non-GAAP measure, is calculated as CET1 including the impact of AOCI, excluding cash flow hedges. Amount is preliminary at September 30, 2026.

(8)NPAs include other nonperforming assets, which includes certain impaired securities and/or nonaccrual loans held for sale, and other real estate owned.

Huntington Bancshares Incorporated

Consolidated Balance Sheets


	Sep 30,		Jun 30,		Mar 31,		Dec 31,		Sep 30,
(dollar amounts in millions)	2026		2026		2026		2025		2025
	(Unaudited)		(Unaudited)		(Unaudited)				(Unaudited)
Assets
Cash and due from banks	$	2,377	$	3,330	$	2,096	$	1,783	$	1,696


Interest-earning deposits with banks	15,019		12,714		17,579		12,295		11,536
Trading account assets	345		326		199		63		81
Available-for-sale securities	34,623		35,206		35,557		26,132		26,085
Held-to-maturity securities	14,733		14,384		14,768		15,258		15,597


Other securities	1,433		1,383		1,281		994		870
Loans held for sale	1,567		1,886		1,073		1,415		823
Loans and leases (1)	191,449		189,422		188,818		149,642		137,956
Allowance for loan and lease losses	(3,222)		(3,249)		(3,243)		(2,537)		(2,374)
Net loans and leases	188,227		186,173		185,575		147,105		135,582
Bank-owned life insurance	3,687		3,676		3,673		2,902		2,810
Accrued income and other receivables	3,255		2,960		2,197		2,621		1,819
Premises and equipment	2,166		2,171		2,138		1,321		1,112
Goodwill	9,527		9,527		9,527		5,997		5,547
Servicing rights and other intangible assets	1,728		1,691		1,727		752		644
Other assets	9,146		8,557		7,982		6,468		6,026
Total assets	$	287,833	$	283,984	$	285,372	$	225,106	$	210,228

Liabilities and shareholders' equity
Liabilities
Deposits (2)	$	224,678	$	222,466	$	223,482	$	176,610	$	165,212
Short-term borrowings	6,066		3,111		1,875		1,261		252
Long-term debt	17,341		18,738		21,594		17,221		17,315
Other liabilities	7,531		7,004		5,840		5,635		5,163
Total liabilities	255,616		$	251,319	$	252,791	$	200,727	$	187,942

Shareholders' equity
Preferred stock	2,881		2,881		2,881		2,731		2,731
Common stock	20		20		20		16		15
Capital surplus	25,101		25,150		25,273		17,244		15,537
Less treasury shares, at cost	(92)		(94)		(95)		(92)		(87)
Accumulated other comprehensive income (loss)	(2,974)		(2,213)		(2,059)		(1,908)		(2,071)
Retained earnings	7,243		6,880		6,515		6,351		6,123
Total Huntington shareholders’ equity	32,179		32,624		32,535		24,342		22,248
Non-controlling interest	38		41		46		37		38
Total equity	32,217		32,665		32,581		24,379		22,286
Total liabilities and equity	$	287,833	$	283,984	$	285,372	$	225,106	$	210,228

Common shares authorized (par value of $0.01)	2,250,000,000		2,250,000,000		2,250,000,000		2,250,000,000		2,250,000,000
Common shares outstanding	2,015,387,251		2,020,414,826		2,027,130,587		1,567,732,506		1,459,390,757
Treasury shares outstanding	6,952,614		7,152,410		7,269,138		7,187,541		6,907,525
Preferred stock, authorized shares	6,617,808		6,617,808		6,617,808		6,617,808		6,617,808
Preferred shares outstanding	891,900		891,900		891,900		885,000		885,000

(1)See page 4 for detail of loans and leases.

(2)See page 5 for detail of deposits.

Huntington Bancshares Incorporated

Loans and Leases Composition

(Unaudited)


	Sep 30,				Jun 30,				Mar 31,				Dec 31,				Sep 30,
(dollar amounts in millions)	2026				2026				2026				2025				2025
Ending balances by type:
Total loans and leases
Commercial:
Commercial and industrial	$	93,966	49	%	$	91,378	49	%	$	89,282	47	%	$	69,442	46	%	$	62,978	45	%



Commercial real estate	22,748		12		23,457		12		24,337		13		15,209		10		10,732		8
Lease financing	5,885		3		5,714		3		5,796		3		5,727		4		5,515		4
Total commercial	122,599		64		120,549		64		119,415		63		90,378		60		79,225		57
Consumer:
Residential mortgage	33,163		18		33,221		18		33,458		19		24,777		17		24,502		18
Automobile	15,355		8		15,460		8		15,953		8		16,168		11		15,996		12
Home equity	11,898		6		11,884		6		11,831		6		10,395		7		10,314		7
RV and marine	5,757		3		5,706		3		5,627		3		5,682		4		5,805		4
Other consumer	2,677		1		2,602		1		2,534		1		2,242		1		2,114		2
Total consumer	68,850		36		68,873		36		69,403		37		59,264		40		58,731		43
Total loans and leases	$	191,449	100	%	$	189,422	100	%	$	188,818	100	%	$	149,642	100	%	$	137,956	100	%

Ending balances by business segment:
Consumer & Regional Banking	$	102,419	54	%	$	103,317	55	%	$	104,578	55	%	$	79,069	53	%	$	75,027	55	%
Commercial Banking	88,702		46		86,089		45		84,199		45		70,391		47		62,755		45



Treasury / Other	328		—		16		—		41		—		182		—		174		—
Total loans and leases	$	191,449	100	%	$	189,422	100	%	$	188,818	100	%	$	149,642	100	%	$	137,956	100	%

Average balances by business segment:
Consumer & Regional Banking	$	102,818	55	%	$	104,270	55	%	$	95,969	55	%	$	77,908	53	%	$	74,306	55	%
Commercial Banking	85,509		45		84,706		45		78,029		45		68,388		47		61,373		45



Treasury / Other	122		—		279		—		218		—		311		—		265		—
Total loans and leases	$	188,449	100	%	$	189,255	100	%	$	174,216	100	%	$	146,607	100	%	$	135,944	100	%

Huntington Bancshares Incorporated

Deposits Composition

(Unaudited)


	Sep 30,				Jun 30,				Mar 31,				Dec 31,				Sep 30,
(dollar amounts in millions)	2026				2026				2026				2025				2025
Ending balances by type:
Total deposits
Demand deposits - noninterest-bearing	$	41,317	18	%	$	40,129	18	%	$	40,839	18	%	$	32,205	18	%	$	28,596	17	%
Demand deposits - interest-bearing	64,503		29		62,395		28		61,086		27		48,510		27		46,056		28
Money market deposits	77,509		35		75,717		34		75,554		34		65,123		37		62,837		38
Savings deposits	18,861		8		18,820		9		18,971		9		15,426		9		14,986		9
Time deposits	22,488		10		25,405		11		27,032		12		15,346		9		12,737		8




Total deposits	$	224,678	100	%	$	222,466	100	%	$	223,482	100	%	$	176,610	100	%	$	165,212	100	%






Ending balances by business segment:

Consumer & Regional Banking	$	148,587	66	%	$	150,687	68	%	$	153,000	69	%	$	117,188	66	%	$	110,043	67	%
Commercial Banking	67,912		30		62,713		28		60,775		27		50,657		29		47,651		28


Treasury / Other	8,179		4		9,066		4		9,707		4		8,765		5		7,518		5
Total deposits	$	224,678	100	%	$	222,466	100	%	$	223,482	100	%	$	176,610	100	%	$	165,212	100	%









Average balances by business segment:

Consumer & Regional Banking	$	149,423	67	%	$	152,612	68	%	$	138,557	67	%	$	114,613	66	%	$	111,138	68	%
Commercial Banking	65,645		29		61,597		28		56,622		28		50,470		29		46,346		28


Treasury / Other	8,748		4		9,194		4		9,437		5		8,073		5		7,328		4
Total deposits	$	223,816	100	%	$	223,403	100	%	$	204,616	100	%	$	173,156	100	%	$	164,812	100	%

Huntington Bancshares Incorporated

Quarterly Average Balances and Rates (Unaudited)


	Sep 30, 2026						Jun 30, 2026						Mar 31, 2026						Dec 31, 2025						Sep 30, 2025
	Average Balances		Income/Expense(1)		Yield/ Rate(1)		Average Balances		Income/Expense(1)		Yield/ Rate(1)		Average Balances		Income/Expense(1)		Yield/ Rate(1)		Average Balances		Income/Expense(1)		Yield/ Rate(1)		Average Balances		Income/Expense(1)		Yield/ Rate(1)
(dollar amounts in millions)
Assets:


Interest-earning deposits with banks	$	14,288	$	135	3.78	%	$	16,977	$	156	3.67	%	$	15,634	$	141	3.62	%	$	12,231	$	124	4.03	%	$	11,823	$	134	4.53	%
Trading account assets	315		3		3.87		281		3		3.97		235		2		3.70		112		—		2.58		629		7		4.03
Investment and other securities:
Available-for-sale securities:
Taxable	$	31,521	$	296	3.76		$	31,486	$	285	3.62		$	28,063	$	258	3.67		$	22,879	$	212	3.72		$	23,485	$	246	4.19
Tax-exempt	3,463		43		4.97		3,487		43		4.92		3,441		42		4.86		3,405		43		4.99		3,318		41		5.02
Total available-for-sale securities	34,984		339		3.88		34,973		328		3.75		31,504		300		3.80		26,284		255		3.88		26,803		287		4.29


Held-to-maturity securities - taxable	14,314		96		2.69		14,571		97		2.65		14,975		99		2.65		15,397		103		2.66		15,752		105		2.66





Other securities	1,295		19		5.80		1,369		17		5.00		1,219		16		5.17		949		11		4.86		888		12		5.15
Total investment and other securities	50,593		454		3.59		50,913		442		3.47		47,698		415		3.48		42,630		369		3.46		43,443		404		3.72
Loans held for sale	1,629		22		5.62		1,174		19		6.16		1,190		18		6.19		931		14		6.13		893		15		6.52
Loans and leases (includes nonaccrual loans and leases):
Commercial:
Commercial and industrial	90,924		1,358		5.84		90,371		1,336		5.85		81,535		1,191		5.85		67,378		1,023		5.94		61,440		959		6.11



Commercial real estate	23,071		357		6.05		23,925		370		6.12		21,138		327		6.17		14,268		233		6.39		10,692		187		6.86
Lease financing	5,724		98		6.72		5,726		101		6.98		5,754		99		6.86		5,498		91		6.48		5,483		93		6.69
Total commercial	119,719		1,813		5.93		120,022		1,807		5.96		108,427		1,617		5.96		87,144		1,347		6.05		77,615		1,239		6.25
Consumer:
Residential mortgage	33,183		400		4.82		33,515		404		4.81		30,392		353		4.65		25,098		269		4.29		24,511		259		4.23
Automobile	15,339		230		5.94		15,650		229		5.87		16,056		232		5.86		16,114		241		5.93		15,693		234		5.92
Home equity	11,869		204		6.81		11,878		202		6.85		11,325		193		6.89		10,372		184		7.02		10,264		190		7.34
RV and marine	5,744		81		5.58		5,646		76		5.44		5,631		76		5.44		5,747		80		5.53		5,860		80		5.41
Other consumer	2,595		68		10.44		2,544		64		10.09		2,385		58		9.88		2,132		54		10.11		2,001		55		10.82
Total consumer	68,730		983		5.69		69,233		975		5.65		65,789		912		5.59		59,463		828		5.54		58,329		818		5.57
Total loans and leases	188,449		2,796		5.84		189,255		2,782		5.84		174,216		2,529		5.82		146,607		2,175		5.84		135,944		2,057		5.96
Total earning assets	255,274		$	3,410	5.30	%	258,600		$	3,402	5.28	%	238,973		$	3,105	5.27	%	202,511		$	2,682	5.25	%	192,732		$	2,617	5.39	%
Cash and due from banks	2,375						2,036						1,778						1,396						1,445
Goodwill and other intangible assets	10,416						10,468						9,175						6,043						5,625


All other assets	14,197						13,377						12,244						10,280						9,925
Total assets	$	282,262					$	284,481					$	262,170					$	220,230					$	209,727
Liabilities and shareholders' equity:
Interest-bearing deposits:
Demand deposits - interest-bearing	$	63,704	$	321	2.00	%	$	62,388	$	285	1.83	%	$	52,985	$	246	1.88	%	$	47,185	$	227	1.91	%	$	45,980	$	235	2.02	%
Money market deposits	77,353		517		2.65		75,309		493		2.62		75,216		446		2.41		65,182		437		2.66		62,009		466		2.99
Savings deposits	18,839		30		0.62		18,940		39		0.83		18,033		30		0.68		15,360		19		0.47		15,042		13		0.35
Time deposits	23,766		203		3.40		26,758		231		3.46		22,864		198		3.50		14,661		137		3.69		12,773		116		3.60




Total interest-bearing deposits	183,662		1,071		2.31		183,395		1,048		2.29		169,098		920		2.21		142,388		820		2.28		135,804		830		2.43
Short-term borrowings	1,152		9		3.12		1,887		18		3.65		1,745		16		3.83		897		10		4.45		1,267		13		3.90
Long-term debt	18,145		240		5.28		20,971		264		5.06		20,248		259		5.09		17,335		243		5.61		17,433		251		5.75
Total interest-bearing liabilities	202,959		$	1,320	2.58	%	206,253		$	1,330	2.59	%	191,091		$	1,195	2.53	%	160,620		$	1,073	2.65	%	154,504		$	1,094	2.81	%
Demand deposits - noninterest-bearing	40,154						40,008						35,518						30,768						29,008
All other liabilities	6,453						5,620						5,624						4,907						4,826
Total liabilities	249,566						251,881						232,233						196,295						188,338
Total Huntington shareholders’ equity	32,656						32,555						29,896						23,896						21,348
Non-controlling interest	40						45						41						39						41
Total equity	32,696						32,600						29,937						23,935						21,389
Total liabilities and equity	$	282,262					$	284,481					$	262,170					$	220,230					$	209,727
Net interest rate spread					2.72	%					2.69	%					2.74	%					2.60	%					2.58	%
Impact of noninterest bearing funds					0.53						0.52						0.50						0.55						0.55
FTE net interest income / net interest margin			$	2,090	3.25	%			$	2,072	3.21	%			$	1,910	3.24	%			$	1,609	3.15	%			$	1,523	3.13	%
FTE adjustment			21						20						19						17						17
Net interest income			$	2,069					$	2,052					$	1,891					$	1,592					$	1,506

Memo: Total deposits	$	223,816	$	1,071	1.90	%	$	223,403	$	1,048	1.88	%	$	204,616	$	920	1.82	%	$	173,156	$	820	1.88	%	$	164,812	$	830	2.00	%
Memo: Impact of derivatives on commercial loan yields					(0.06)						(0.06)						(0.08)						(0.18)						(0.25)

(1)Calculated on a fully-taxable equivalent (FTE) basis, which represents a non-GAAP measure, assuming a 21% tax rate. Amounts include the effects of hedge and risk management activities associated with the respective asset and liability categories.

Huntington Bancshares Incorporated

Year-To-Date Average Balances and Rates

(Unaudited)



	Nine Months Ended Sep 30, 2026						Nine Months Ended Sep 30, 2025
(dollar amounts in millions)	Average Balances		Income/ Expense (1)		Yield/ Rate (1)		Average Balances		Income/ Expense (1)		Yield/ Rate (1)
Assets:



Interest-earning deposits with banks	$	15,628	$	432	3.69	%	$	11,907	$	402	4.50	%
Trading account assets	277		8		3.85		584		17		3.82
Investment and other securities:
Available-for-sale securities:
Taxable	30,369		839		3.69		23,913		811		4.52
Tax-exempt	3,464		128		4.91		3,274		124		5.06
Total available-for-sale securities	33,833		967		3.81		27,187		935		4.58


Held-to-maturity securities - taxable	14,618		292		2.66		16,078		320		2.65


Other securities	1,294		52		5.32		882		36		5.43
Total investment and other securities	49,745		1,311		3.51		44,147		1,291		3.90
Loans held for sale	1,333		59		5.94		742		36		6.47
Loans and leases (includes nonaccrual loans and leases):
Commercial:
Commercial and industrial	87,644		3,885		5.85		59,477		2,746		6.09
Commercial real estate	22,718		1,054		6.12		10,831		555		6.76
Lease financing	5,735		298		6.85		5,472		274		6.61
Total commercial	116,097		5,237		5.95		75,780		3,575		6.22
Consumer:
Residential mortgage	32,373		1,157		4.76		24,412		762		4.16
Automobile	15,679		691		5.89		15,167		660		5.82
Home equity	11,692		599		6.85		10,195		559		7.33
RV and marine	5,674		233		5.49		5,910		237		5.35
Other consumer	2,511		190		10.15		1,880		154		10.97
Total consumer	67,929		2,870		5.64		57,564		2,372		5.50
Total loans and leases	184,026		8,107		5.84		133,344		5,947		5.91
Total earning assets	251,009		$	9,917	5.28	%	190,724		$	7,693	5.39	%
Cash and due from banks	2,065						1,419
Goodwill and other intangible assets	10,024						5,639


All other assets	13,280						9,790
Total assets	$	276,378					$	207,572
Liabilities and shareholders' equity:
Interest-bearing deposits:
Demand deposits - interest-bearing	$	59,731	$	852	1.91	%	$	44,755	$	663	1.98	%
Money market deposits	75,967		1,456		2.56		61,111		1,388		3.04
Savings deposits	18,607		99		0.71		15,012		31		0.28
Time deposits	24,466		632		3.45		13,347		380		3.81
Total interest-bearing deposits	178,771		3,039		2.27		134,225		2,462		2.45
Short-term borrowings	1,592		43		3.58		1,322		40		4.04
Long-term debt	19,780		763		5.14		17,372		744		5.71
Total interest-bearing liabilities	200,143		$	3,845	2.57	%	152,919		$	3,246	2.84	%
Demand deposits - noninterest-bearing	38,577						29,067
All other liabilities	5,903						4,904
Total liabilities	244,623						186,890
Total Huntington shareholders’ equity	31,713						20,636
Non-controlling interest	42						46
Total equity	31,755						20,682
Total liabilities and equity	$	276,378					$	207,572
Net interest rate spread					2.71	%					2.55	%
Impact of noninterest bearing funds					0.52						0.57
FTE net interest income / net interest margin			$	6,072	3.23	%			$	4,447	3.12	%
FTE adjustment			60						48
Net interest income			$	6,012					$	4,399

Memo: Total deposits	$	217,348	$	3,039	1.87		$	163,292	$	2,462	2.02	%
Memo: Impact of derivatives on commercial loan yields					(0.07)						(0.30)

Huntington Bancshares Incorporated

Selected Income Statement Data

(Unaudited)


	Three Months Ended										Year-to-Date
(dollar amounts in millions, except per share data)	Sep 30,		Jun 30,		Mar 31,		Dec 31,		Sep 30,		Sep 30,		Sep 30,
	2026		2026		2026		2025		2025		2026		2025
Interest income	$	3,389	$	3,382	$	3,086	$	2,665	$	2,600	$	9,857	$	7,645
Interest expense	1,320		1,330		1,195		1,073		1,094		3,845		3,246
Net interest income	2,069		2,052		1,891		1,592		1,506		6,012		4,399
Provision for credit losses	123		132		158		123		122		413		340
Net interest income after provision for credit losses	1,946		1,920		1,733		1,469		1,384		5,599		4,059
Payments and cash management revenue	211		204		187		170		174		602		494
Wealth and asset management revenue	131		134		120		102		104		385		307
Customer deposit and loan fees	124		128		110		107		102		362		283
Capital markets and advisory fees	122		140		132		101		94		394		245
Mortgage banking income	45		53		32		39		43		130		102




Net gains (losses) on sales of securities	—		2		13		—		—		15		(58)
Other noninterest income (1)	89		124		88		63		111		301		220
Total noninterest income	722		785		682		582		628		2,189		1,593
Personnel costs	990		1,010		992		845		757		2,992		2,150
Outside data processing and other services	290		326		311		222		198		927		550
Equipment	79		96		93		67		66		268		201
Net occupancy	96		90		85		56		57		271		176
Professional services	38		31		44		80		31		113		75
Marketing	54		38		37		36		34		129		91

Amortization of intangibles	49		54		41		13		11		144		33

Other noninterest expense (1)	176		164		171		101		92		511		319
Total noninterest expense	1,772		1,809		1,774		1,420		1,246		5,355		3,595
Income before income taxes	896		896		641		631		766		2,433		2,057
Provision for income taxes	172		165		114		108		133		451		351
Income after income taxes	724		731		527		523		633		1,982		1,706
Income attributable to NCI	3		4		4		4		4		11		14
Net income attributable to Huntington	721		727		523		519		629		1,971		1,692
Dividends on preferred shares	41		41		41		43		27		123		81

Net income applicable to common shares	$	680	$	686	$	482	$	476	$	602	$	1,848	$	1,611

Average common shares - basic	2,019		2,021		1,869		1,544		1,459		1,971		1,457
Average common shares - diluted	2,047		2,048		1,901		1,570		1,485		1,999		1,483

Per common share
Net income - basic	$	0.34	$	0.34	$	0.26	$	0.31	$	0.41	$	0.94	$	1.11
Net income - diluted	0.33		0.33		0.25		0.30		0.41		0.92		1.09
Cash dividends declared	0.155		0.155		0.155		0.155		0.155		0.465		0.465

Revenue - fully-taxable equivalent (FTE)
Net interest income	$	2,069	$	2,052	$	1,891	$	1,592	$	1,506	$	6,012	$	4,399
FTE adjustment	21		20		19		17		17		60		48
Net interest income FTE (2)	2,090		2,072		1,910		1,609		1,523		6,072		4,447
Noninterest income	722		785		682		582		628		2,189		1,593
Total revenue FTE (2)	$	2,812	$	2,857	$	2,592	$	2,191	$	2,151	$	8,261	$	6,040

(1)In the third quarter of 2026, we reclassified insurance income and leasing revenue into other noninterest income, and we reclassified deposit and other insurance expense and leasing financing equipment depreciation into other noninterest expense. Prior period amounts have been revised to conform with the current period presentation.

(2)Calculated on a fully-taxable equivalent (FTE) basis, which represents a non-GAAP measure, assuming a 21% tax rate.

Huntington Bancshares Incorporated

Credit Reserves Analysis

(Unaudited)


	Three Months Ended															Year-to-Date
	Sep 30,			Jun 30,			Mar 31,			Dec 31,			Sep 30,			Sep 30,			Sep 30,
(dollar amounts in millions)	2026			2026			2026			2025			2025			2026			2025
Allowance for loan and lease losses, beginning of period	$	3,249		$	3,243		$	2,537		$	2,374		$	2,331		$	2,537		$	2,244

Loan and lease charge-offs	(200)			(191)			(173)			(145)			(137)			(564)			(381)
Recoveries of loans and leases previously charged off	54			72			62			56			62			188			154
Net loan and lease charge-offs	(146)			(119)			(111)			(89)			(75)			(376)			(227)
Provision for loan and lease losses	119			125			250			109			118			494			357
Allowance on purchased credit deteriorated (PCD) loans and leases at acquisition	—			—			322			71			—			322			—
Allowance on purchased seasoned loans and leases at acquisition (1)	—			—			245			72			—			245			—
Allowance for loan and lease losses, end of period	3,222			3,249			3,243			2,537			2,374			3,222			2,374
Allowance for unfunded lending commitments, beginning of period	132			125			206			188			184			206			202

Provision (benefit) for unfunded lending commitments	4			7			(92)			14			4			(81)			(14)
Allowance for unfunded lending commitments at acquisition	—			—			11			4			—			11			—

Allowance for unfunded lending commitments, end of period	136			132			125			206			188			136			188
Total allowance for credit losses, end of period	$	3,358		$	3,381		$	3,368		$	2,743		$	2,562		$	3,358		$	2,562
Allowance for loan and lease losses (ALLL) as % of:
Total loans and leases	1.68		%	1.72		%	1.72		%	1.70		%	1.72		%	1.68		%	1.72		%
Nonaccrual loans and leases (NALs)	190			204			243			272			294			190			294
Nonperforming assets (NPAs)	187			202			239			269			289			187			289
Total allowance for credit losses (ACL) as % of:
Total loans and leases	1.75		%	1.78		%	1.78		%	1.83		%	1.86		%	1.75		%	1.86		%
Nonaccrual loans and leases (NALs)	198			213			253			295			317			198			317
Nonperforming assets (NPAs)	195			210			248			290			312			195			312

(1) Reflects Huntington's October 1, 2025 adoption of Accounting Standards Update (ASU) 2025-08 applicable to purchased loans whereby non-PCD loans acquired in a business combination are deemed "purchased seasoned loans" and subject to the gross-approach resulting in recognition of an allowance for credit losses at acquisition.

Huntington Bancshares Incorporated

Net Charge-Off Analysis

(Unaudited)


	Three Months Ended															Year-to-Date
	Sep 30,			Jun 30,			Mar 31,			Dec 31,			Sep 30,			Sep 30,			Sep 30,
(dollar amounts in millions)	2026			2026			2026			2025			2025			2026			2025
Net charge-offs (recoveries) by loan and lease type:
Commercial:
Commercial and industrial	$	71		$	66		$	54		$	40		$	39		$	191		$	119



Commercial real estate	10			3			2			8			(4)			15			(15)
Lease financing	—			(3)			—			(8)			1			(3)			7
Total commercial	81			66			56			40			36			203			111
Consumer:
Residential mortgage	2			3			1			—			—			6			1
Automobile	15			12			15			14			10			42			30
Home equity	—			1			—			—			1			1			1
RV and marine	6			6			7			6			4			19			16
Other consumer	42			31			32			29			24			105			68
Total consumer	65			53			55			49			39			173			116
Total net charge-offs	$	146		$	119		$	111		$	89		$	75		$	376		$	227





Net charge-offs (recoveries) - annualized percentages:
Commercial:
Commercial and industrial	0.31		%	0.29		%	0.26		%	0.24		%	0.25		%	0.29		%	0.27		%



Commercial real estate	0.16			0.06			0.03			0.21			(0.13)			0.08			(0.18)
Lease financing	0.03			(0.18)			0.01			(0.53)			0.04			(0.05)			0.16
Total commercial	0.27			0.22			0.21			0.18			0.18			0.23			0.20
Consumer:
Residential mortgage	0.03			0.03			0.02			0.01			0.01			0.02			0.01
Automobile	0.41			0.32			0.38			0.36			0.26			0.37			0.26
Home equity	0.01			0.01			0.02			(0.01)			0.01			0.01			0.01
RV and marine	0.40			0.44			0.51			0.45			0.30			0.45			0.36
Other consumer	6.30			4.88			5.30			5.22			4.92			5.50			4.89
Total consumer	0.38			0.30			0.34			0.33			0.27			0.34			0.27
Net charge-offs as a % of average loans and leases	0.31		%	0.25		%	0.26		%	0.24		%	0.22		%	0.27		%	0.23		%

Huntington Bancshares Incorporated

Nonperforming Assets (NPAs)

(Unaudited)


	Sep 30,			Jun 30,			Mar 31,			Dec 31,			Sep 30,
(dollar amounts in millions)	2026			2026			2026			2025			2025
Nonaccrual loans and leases (NALs):
Commercial and industrial	$	1,046		$	986		$	824		$	562		$	455
Commercial real estate	265			243			188			133			131
Lease financing	6			8			9			8			10
Residential mortgage	240			223			185			107			97
Automobile	8			7			6			6			6
Home equity	129			120			117			113			108
RV and marine	2			2			2			2			1
Other consumer	1			—			1			—			—
Total nonaccrual loans and leases	1,697			1,589			1,332			931			808



Other real estate, net	25			23			22			13			10
Other NPAs (1)	—			—			3			1			3
Total nonperforming assets	$	1,722		$	1,612		$	1,357		$	945		$	821

NALs as a % of total loans and leases	0.89		%	0.84		%	0.71		%	0.62		%	0.59		%
NPA ratio (2)	0.90			0.85			0.72			0.63			0.60


Accruing loans and leases past due 90+ days:
Commercial and industrial	$	2		$	2		$	2		$	1		$	1
Commercial real estate	—			—			3			—			—
Lease financing	1			6			5			9			6
Residential mortgage (excluding loans guaranteed by the U.S. Government)	79			66			46			46			35
Automobile	15			12			12			14			12
Home equity	28			24			22			16			20
RV and marine	4			3			3			4			3
Other consumer	8			5			6			6			5
Total, excl. loans guaranteed by the U.S. Government	137			118			99			96			82
Add: loans guaranteed by U.S. Government	340			325			322			186			152
Total accruing loans and leases past due 90+ days, including loans guaranteed by the U.S. Government	$	477		$	443		$	421		$	282		$	234

Accruing loans and leases past due 90+ days as a percent of total loans and leases:
Excluding loans guaranteed by the U.S. Government	0.07		%	0.06		%	0.05		%	0.06		%	0.06		%
Guaranteed by U.S. Government	0.18			0.17			0.17			0.12			0.11
Including loans guaranteed by the U.S. Government	0.25			0.23			0.22			0.19			0.17

(1)Other nonperforming assets include certain impaired securities and/or nonaccrual loans held-for-sale.

(2)Nonperforming assets divided by the sum of loans and leases, net other real estate owned, and other NPAs.

Huntington Bancshares Incorporated

Capital Under Current Regulatory Standards (Basel III)

(Unaudited)


	Sep 30,			Jun 30,			Mar 31,			Dec 31,			Sep 30,
(dollar amounts in millions)	2026			2026			2026			2025			2025








Common equity tier 1 (CET1) capital	$	21,684		$	21,388		$	21,160		$	17,286		$	15,924




Tier 1 capital	24,575			24,279			24,051			20,027			18,665



Total risk-based capital	29,377			29,076			28,772			23,593			22,022
Risk-weighted assets (RWA) (1)	214,500			214,138			208,132			166,684			150,222
Common equity tier 1 risk-based capital ratio (1)	10.1		%	10.0		%	10.2		%	10.4		%	10.6		%
Other regulatory capital data:
Tier 1 leverage ratio (1)	9.0			8.8			9.5			9.3			9.0
Tier 1 risk-based capital ratio (1)	11.5			11.3			11.6			12.0			12.4
Total risk-based capital ratio (1)	13.7			13.6			13.8			14.2			14.7




Reconciliation of Non-GAAP Measure
Common equity tier 1 (CET1) capital	(A)	$	21,684		$	21,388		$	21,160		$	17,286		$	15,924
Add: Accumulated other comprehensive income (loss)		(2,969)			(2,208)			(2,055)			(1,904)			(2,065)
Less: AOCI cash flow hedge		(410)			(167)			(49)			27			16
Adjusted common equity tier 1 (2)	(B)	19,125			19,347			19,154			15,355			13,843
Risk-weighted assets (RWA) (1)	(C)	214,500			214,138			208,132			166,684			150,222

CET1 ratio (1)	(A/C)	10.1		%	10.0		%	10.2		%	10.4		%	10.6		%
Adjusted CET1 ratio (1)(2)	(B/C)	8.9			9.0			9.2			9.2			9.2

(1)Preliminary at September 30, 2026.

(2) Represents CET1 adjusted for AOCI, excluding cash flow hedges, which aligns with GSIB reporting.

Huntington Bancshares Incorporated

Non-Regulatory Capital and Other Data

(Unaudited)

Non-Regulatory Capital


	Sep 30,			Jun 30,			Mar 31,			Dec 31,			Sep 30,
(dollar amounts in millions)	2026			2026			2026			2025			2025
Calculation of tangible equity / asset ratio:
Total Huntington shareholders’ equity	$	32,179		$	32,624		$	32,535		$	24,342		$	22,248
Goodwill and other intangible assets	(10,393)			(10,442)			(10,496)			(6,142)			(5,611)
Deferred tax liability on other intangible assets (1)	182			192			203			30			13
Total tangible equity	21,968			22,374			22,242			18,230			16,650
Preferred equity	(2,881)			(2,881)			(2,881)			(2,731)			(2,731)
Total tangible common equity	$	19,087		$	19,493		$	19,361		$	15,499		$	13,919
Total assets	$	287,833		$	283,984		$	285,372		$	225,106		$	210,228
Goodwill and other intangible assets	(10,393)			(10,442)			(10,496)			(6,142)			(5,611)
Deferred tax liability on other intangible assets (1)	182			192			203			30			13
Total tangible assets	$	277,622		$	273,734		$	275,079		$	218,994		$	204,630
Shareholders' equity / total assets	11.2		%	11.5		%	11.4		%	10.8		%	10.6		%
Tangible equity / tangible asset ratio	7.9			8.2			8.1			8.3			8.1
Tangible common equity / tangible asset ratio	6.9			7.1			7.0			7.1			6.8
Tangible common equity / RWA ratio (2)	8.9			9.1			9.3			9.3			9.3

(1)Deferred tax liability related to other intangible assets is calculated at a 21% tax rate.

(2)Preliminary at September 30, 2026.

Other Data


	Sep 30,	Jun 30,	Mar 31,	Dec 31,	Sep 30,
	2026	2026	2026	2025	2025
Number of employees (Average full-time equivalent)	25,898	26,407	24,641	20,924	20,247
Number of domestic full-service branches (1)	1,372	1,407	1,403	1,005	972
ATM Count	2,015	2,016	2,043	1,591	1,569

(1)Includes Regional Banking and The Huntington Private Bank offices.

Huntington Bancshares Incorporated

Reconciliation of Non-GAAP Financial Measures

(Unaudited)

Return on Average Tangible Common Shareholders' Equity


	Three months ended															Nine months ended
	Sep 30,			Jun 30,			Mar 31,			Dec 31,			Sep 30,			Sep 30,			Sep 30,
(dollar amounts in millions)	2026			2026			2026			2025			2025			2026			2025
Calculation of return on average tangible common shareholders' equity ratio:
Average Huntington common shareholders' equity	$	29,776		$	29,675		$	27,050		$	21,165		$	19,197		$	28,843		$	18,592
Less: Intangible assets and goodwill, net of tax effect	10,230			10,271			9,026			6,015			5,610			9,846			5,622
Average tangible common shareholders' equity (A)	$	19,546		$	19,404		$	18,024		$	15,150		$	13,587		$	18,997		$	12,970
Net income applicable to common shares	$	680		$	686		$	482		$	476		$	602		$	1,848		$	1,611
Add: Amortization of intangibles, net of deferred tax	39			42			33			10			8			114			26
Tangible net income applicable to common shares	$	719		$	728		$	515		$	486		$	610		$	1,962		$	1,637
Add: Notable Items, after tax	98			116			216			99			(13)			430			8

Adjusted net income applicable to common shares, excluding Notable Items	$	817		$	844		$	731		$	585		$	597		$	2,392		$	1,645
Tangible net income applicable to common shares, annualized (B)	$	2,853		$	2,920		$	2,089		$	1,928		$	2,420		$	2,623		$	2,189
Adjusted net income applicable to common shares, excluding Notable Items, annualized (C)	3,241			3,385			2,965			2,320			2,369			3,198			2,199
Return on average tangible common shareholders' equity (B/A)	14.6		%	15.1		%	11.6		%	12.7		%	17.8		%	13.8		%	16.9		%
Adjusted return on average tangible common shareholders' equity, excluding Notable Items (C/A)	16.6		%	17.5		%	16.4		%	15.3		%	17.4		%	16.8		%	17.0		%

Efficiency Ratio


	Three months ended															Nine months ended
	Sep 30,			Jun 30,			Mar 31,			Dec 31,			Sep 30,			Sep 30,			Sep 30,
(amounts in millions)	2026			2026			2026			2025			2025			2026			2025
Noninterest expense (GAAP)	$	1,772		$	1,809		$	1,774		$	1,420		$	1,246		$	5,355		$	3,595
Less: Intangible amortization	49			54			41			13			11			144			33
Noninterest expense less amortization of intangibles (non-GAAP)	$	1,723		$	1,755		$	1,733		$	1,407		$	1,235		$	5,211		$	3,562
Net interest income	$	2,069		$	2,052		$	1,891		$	1,592		$	1,506		$	6,012		$	4,399
Noninterest income	722			785			682			582			628			2,189			1,593
Total Revenue (GAAP)	2,791			2,837			2,573			2,174			2,134			8,201			5,992
Add: FTE adjustment (1)	21			20			19			17			17			60			48
Less: Gains (losses) on sales of securities	—			2			13			—			—			15			(58)
FTE revenue less gains (losses) on sales of securities (non-GAAP)	$	2,812		$	2,855		$	2,579		$	2,191		$	2,151		$	8,246		$	6,098
Efficiency Ratio (2)	61.2		%	61.5		%	67.2		%	64.2		%	57.4		%	63.2		%	58.4		%

(1)Calculated on an FTE basis, which represents a non-GAAP measure, assuming a 21% tax rate.

(2)Noninterest expense less amortization of intangibles divided by the sum of FTE net interest income and noninterest income excluding gains (losses) on sales of securities, which represents a non-GAAP measure.

Huntington Bancshares Incorporated

Reconciliation of Non-GAAP Financial Measures (continued)

(Unaudited)

Pre-Provision Net Revenue (PPNR)


	Three months ended
	Sep 30,		Jun 30,		Mar 31,		Dec 31,		Sep 30,
(dollar amounts in millions)	2026		2026		2026		2025		2025

Total revenue (GAAP)	$	2,791	$	2,837	$	2,573	$	2,174	$	2,134
Add: FTE adjustment (1)	21		20		19		17		17
Total FTE revenue (non-GAAP)	2,812		2,857		2,592		2,191		2,151




Less: Noninterest expense	1,772		1,809		1,774		1,420		1,246





PPNR	$	1,040	$	1,048	$	818	$	771	$	905

(1) Calculated on an FTE basis, which represents a non-GAAP measure, assuming a 21% tax rate.

Form: 8-K

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